{"id":14192,"date":"2022-06-10T13:41:46","date_gmt":"2022-06-10T17:41:46","guid":{"rendered":"https:\/\/www.hiringlab.org\/en-ca\/?p=14192"},"modified":"2022-06-10T13:53:53","modified_gmt":"2022-06-10T17:53:53","slug":"may-2022-lfs","status":"publish","type":"post","link":"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/","title":{"rendered":"May 2022 Labour Force Survey: Solid Headline, Mixed Details"},"content":{"rendered":"\n

Canada\u2019s job seeker\u2019s market continued in May. The Canadian labour market made further strides last month, though momentum was a bit mixed underneath the surface. Headline employment rose at a decent pace, and the unemployment rate hit a new multi-decade low. Importantly, this progress has resulted in improving job market conditions across a diverse group of Canadians. One weaker side of the report, however, was that total hours worked were little changed, despite fewer COVID-19 related absences than in April. <\/p>\n\n\n\n

Part of the soft number in hours might reflect some of the industries where employment fell in May, particularly manufacturing, as well as finance and real estate, the latter which could reflect the effects of the recent housing market slowdown. On the flipside, solid gains were seen in retail and wholesale trade, education, and accommodation and food services, helping the students in the summer job market get off to a strong start. Meanwhile, jobs continue to grow in professional and technical services, where employment is now up a whopping 16% from its pre-pandemic level. <\/p>\n\n\n\n

Wage growth was a brighter spot in the May numbers compared to last month, though pay gains on a year-over-year level still aren\u2019t matching inflation. Hourly earnings are rising particularly quickly in business services, as well as professional and technical services, while pay growth in accommodation and food services exceeded 6% from a year earlier for a second consecutive month. With wages showing signs of acceleration, the Bank of Canada\u2019s tightening cycle will likely remain on the offensive.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wage growth gathering steam.<\/p>\n","protected":false},"author":25,"featured_media":14193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[715],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[670],"class_list":["post-14192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-state-of-the-labour-market","post_mwm_author-bbernard"],"acf":[],"yoast_head":"\nMay 2022 Labour Force Survey: Solid Headline, Mixed Details - Indeed Hiring Lab Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May 2022 Labour Force Survey: Solid Headline, Mixed Details - Indeed Hiring Lab Canada\" \/>\n<meta property=\"og:description\" content=\"Wage growth gathering steam.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\" \/>\n<meta property=\"og:site_name\" content=\"Indeed Hiring Lab Canada\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-10T17:41:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-10T17:53:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.hiringlab.org\/en-ca\/wp-content\/uploads\/sites\/2\/2022\/06\/May_LFS_G1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3639\" \/>\n\t<meta property=\"og:image:height\" content=\"1989\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Brendon Bernard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\"},\"author\":{\"name\":\"Margot Schneider\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/b310bbc04e6fc5d7c280a58f352ac85b\"},\"headline\":\"May 2022 Labour Force Survey: Solid Headline, Mixed Details\",\"datePublished\":\"2022-06-10T17:41:46+00:00\",\"dateModified\":\"2022-06-10T17:53:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\"},\"wordCount\":264,\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120707\/May_LFS_G1.png\",\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\",\"url\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\",\"name\":\"May 2022 Labour Force Survey: Solid Headline, Mixed Details - Indeed Hiring Lab Canada\",\"isPartOf\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120707\/May_LFS_G1.png\",\"datePublished\":\"2022-06-10T17:41:46+00:00\",\"dateModified\":\"2022-06-10T17:53:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/#\/schema\/person\/b310bbc04e6fc5d7c280a58f352ac85b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.hiringlab.org\/en-ca\/2022\/06\/10\/may-2022-lfs\/#primaryimage\",\"url\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120707\/May_LFS_G1.png\",\"contentUrl\":\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/2\/2022\/06\/02120707\/May_LFS_G1.png\",\"width\":3639,\"height\":1989,\"caption\":\"Line chart titled \\\"job growth continued in May, but hours worked softened.\\\" The chart shows the percentage change in employment and hours worked since February 2020. 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